NOODLES & Co

NDLS Nasdaq CIK: 0001275158

Company Information

Industry Retail-Eating Places
SIC Code 5812
Entity Type operating
SEC Category Non-accelerated filerSmaller reporting company
Business Address 520 ZANG ST., SUITE D, BROOMFIELD, CO, 80021
Mailing Address 520 ZANG ST., SUITE D, BROOMFIELD, CO, 80021
Phone 720-214-1904
Fiscal Year End 1229
EIN 841303469

Financial Overview

FY2025

$330.23M
Total Liabilities

Recent SEC Filings

Form Type Date Filed Document
8-K Current report of material events March 30, 2026 View on SEC
10-K Annual financial report March 26, 2026 View on SEC
8-K Current report of material events March 25, 2026 View on SEC
4 Insider stock transaction report March 17, 2026 View on SEC
4 Insider stock transaction report March 17, 2026 View on SEC
4 Insider stock transaction report March 10, 2026 View on SEC
8-K Current report of material events March 9, 2026 View on SEC
4 Insider stock transaction report February 26, 2026 View on SEC
SCHEDULE 13D Beneficial ownership report (>5%) February 24, 2026 View on SEC
8-K Current report of material events February 13, 2026 View on SEC

Annual Reports

10-K March 26, 2026
  • Aggressive right-sizing strategy involving the closure of 33 underperforming locations in 2025 with 30-35 more planned for 2026.
  • Strong digital adoption with 59% of sales now originating from apps, websites, or delivery channels.
View Analysis

Material Events

8-K Strategy Change March 9, 2026
High Impact
  • Strategic restructuring includes closing approximately 55 underperforming company-owned restaurants to enhance profitability.
  • Projected to cut annual operating losses by an estimated $5-7 million.
View Analysis
8-K Strategy Change February 13, 2026
High Impact
  • Strategic restructuring to prioritize profitability over footprint size by closing underperforming stores.
  • Aims to boost overall profitability, cash flow, and return on investment by eliminating unprofitable locations.
View Analysis
8-K Financial Distress February 4, 2026
High Impact
  • New CEO Drew Madsen brings extensive restaurant experience and a fresh approach to address company challenges.
  • Company successfully maintained its Nasdaq listing by implementing a 1-for-8 reverse stock split.
View Analysis
8-K Financial Distress December 29, 2025
High Impact
  • Noodles & Company received a delisting notice from Nasdaq on December 23, 2025, for failing to maintain a minimum stock price of $1.00 per share.
  • The company plans to request a hearing with Nasdaq by December 30, 2025, to present a plan for compliance, including a potential reverse stock split.
View Analysis

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Important Disclaimer

This AI-generated analysis is for informational purposes only and does not constitute financial or investment advice. Always consult with qualified professionals and conduct your own research before making investment decisions.